CANEX Metals Inc. (CVE:CANX – Get Free Report)’s share price dropped 7.9% on Friday. The stock traded as low as C$0.35 and last traded at C$0.35. Approximately 401,903 shares were traded during mid-day trading, an increase of 76% from the average daily volume of 228,536 shares. The stock had previously closed at C$0.38.
CANEX Metals Stock Performance
The company has a market cap of C$92.66 million, a P/E ratio of -36.24 and a beta of 0.43. The stock has a 50-day moving average of C$0.37 and a two-hundred day moving average of C$0.29.
CANEX Metals Company Profile
CANEX Metals Inc, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 262 lode mining claims and 2 patented claims covering an area of 1650 hectares located in Mohave County, Arizona; and Gibson property covering an area of 887 hectares located in central British Columbia. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
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